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50 000 000 Mark

Issuer Stadtgemeinde Düren (City of Düren)
Year 1923
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Value 50 000 000 Mark (50 000 000)
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Obverse description Cream paper with a green guilloche underprint, centred at upper field by the Düren civic arms — a castle tower surmounting an eagle-and-lion shield — beneath the curved legend "Stadt Düren". The denomination "FÜNFZIG MILLIONEN MARK" appears in bold letterpress within a decorative ribbon vignette at centre, followed by several lines of German text affirming backing by Reichsschatzanweisungen and acceptance by local banks, dated 4. September 1923 with the facsimile signature of the Oberbürgermeister. A red-bordered rectangular stamp at lower left certifies the note as valid for circulation in the Regierungsbezirke Aachen und Köln, with validity extended to 1. April 1924.
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Reverse description Green guilloche underprint covers the entire field, with a faint circular vignette of the Düren city arms at centre. The bold numeral legend "50 MILLIONEN" is printed in large dark letterpress across the middle on a pale horizontal band, while oval cartouches at each corner carry the inscription "STADT DÜREN" at upper left and right and the numeral "50 000 000" at lower left and right, all set within fine engine-turned borders.
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Comments

Düren's fifty-million mark note dates to the autumn of 1923, when German municipal authorities were legally empowered — and practically forced — to issue their own emergency currency as the Reichsbank's printing capacity could no longer keep pace with hyperinflation. By October 1923, fifty million marks was approaching the lower threshold of practical daily use; notes of this denomination were already becoming inadequate within days of issue.

Overhus signed as Oberbürgermeister, making the city itself the guarantor — a civic liability that dissolved entirely when the Rentenmark stabilization ended the notgeld period in late November 1923.

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